The Nigerian Stock Exchange (NSE) is planning a comprehensive training programme for stockbrokers towards a successful deployment and implementation of its new trading platform. The NSE is rolling out a new trading platform (X-Stream) to replace the existing Horizon Trading engine as part of its trading technology transformation programme, which […]
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First Bank post N46 billion Profit in Q2 2012
By InvestAdvocate Lagos (INVESTADVOCATE)- First Bank of Nigeria Plc Tuesday posted a Profit After Tax (PAT) of N46.005 billion in its Second Quarter (Q2) Report for the Period Ended June 30, 2012. This is contained in the Result Announcement of the Bank to the Nigerian Stock Exchange (NSE) and made […]
Nigeria’s Central Bank reduces NOP limit to 1%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Central Bank Tuesday reduced its Foreign Exchange Net Open Position (NOP) limit to Banks to one percent (1%) down from 3%. This was contained in a Circular with reference number TED/FEM/FPC/GEN/01/018 and dated July 24 2012 signed by Batari Musa, Director Trade & Exchange […]
